Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $16 million over the past week, reaching $14.47 billion as of October 24, 2025, according to data released by the central bank on Thursday.
The SBP reported that the country’s total liquid foreign reserves now stand at $19.69 billion, with net reserves held by commercial banks recorded at $5.22 billion.
“During the week ended on 24-Oct-2025, SBP’s FX reserves increased by $16 million to $14,471.6 million,” the central bank said in its statement.
Despite the weekly decline, import cover remained stable at 2.36 months, reflecting continued support from central bank inflows and controlled external payments.
On a fiscal year-to-date basis, reserves are up by $419 million.
Compared to the start of the calendar year, reserves have improved by $3.76 billion, supported by stronger remittances and restrained import demand.
Market observers note that sustaining import cover above two months remains critical for exchange-rate stability ahead of scheduled IMF review milestones and external debt obligations.
